PolicyGenius draws up $15m series B round

Jan 19, 2016 • Robert Lavine

Insurance firms AXA, MassMutual and Transamerica all made strategic investments in the insurance portal, which has now raised $21m altogether.

US-based insurance portal PolicyGenius has closed a $15m series B round featuring the corporate venturing arms of insurance firms AXA, Transamerica and MassMutual.

AXA Strategic Ventures, Transamerica Ventures and MassMutual Ventures were joined by venture capital firm Revolution Ventures, which led the round, VC fund Susa Ventures and Karlin Ventures, an affiliate of investment firm Karlin Asset Management.

Founded in 2014, PolicyGenius operates an online platform that sells life, long-term disability, renters and pet insurance alongside quoting engines that can…

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